PM Modi may be summoned by PAC, if not satisfied with RBI Governor Urjit Patel’s reply

The Public Accounts Committee (PAC) of Parliament can summon Prime Minister Narendra Modi on the issue of demonetisation if it is not satisfied with the answers of top finance ministry officials and the RBI Governor Urjit Patel, to whom a detailed questionnaire has been sent. A PAC meeting on this issue has been called on January 20th, in which the RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das will be present.

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